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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

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The issuance of conditional commitment by the DOE was preceded by legal, technical and commercial due diligence by the LPO to evaluate the loan and the project’s potential to meet market demand and commercial and environmental benchmarks.

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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

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With the closing of our recent financing and the permitting of both the K1 and M1 mining projects, we are now in position to expedite our goal of achieving free cash flows from hoisting our high-grade, direct shipping, vein graphite from both projects within the next few months. —Don Baxter, President, and CEO. From the K1 site.

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Skeleton Technologies raises €41.3 million in Series D from top European entrepreneurs

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million) Series D financing round. This Series D financing builds on a strong year for Skeleton Technologies, which saw a tripling of its revenues. Ellex Raidla acted as legal advisors to Skeleton Technologies. European ultracapacitor leader Skeleton Technologies completed a €41.3-million million (US$48.4

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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

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The financing consists of a Senior Convertible Note provided exclusively by funds and accounts managed by BlackRock Financial Management, Inc. Chargers paired with energy storage will optimize low-cost renewable energy sources and provide additional grid resiliency, allowing EVs to recharge and support critical facilities when power is out.

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Get H2 partners propose green hydrogen pipeline in Europe

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Most of the transport will take place via existing gas grid lines (shown in orange), which will be converted to hydrogen transport. The IPCEI program can finance the network construction in part. However, the financing of network operation requires a long-term solution to the charging issue in the EnWG.

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A123 Systems receives interim court approval of $50M DIP financing from Wanxiang; responds to objections from Wanxiang, Fisker and others on asset sales process

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announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has granted A123 interim approval to use $50 million of Debtor-in-Possession (DIP) financing, which is being provided by Wanxiang Group Corporation (Wanxiang). The financing supplements the pre-petition $22.5 Li-ion maker A123 Systems, Inc.

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Bank of America joins Stanford’s Global Climate & Energy Project

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The GCEP collaboration expects to benefit from the bank’s expertise in financing sustainable businesses dedicated to addressing climate change and advancing low-carbon solutions. Bank of America is also working to reduce greenhouse gas emissions from its own operations.

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